unbound

Mayer Multiple

Following Preston Pysh's "Bitcoin Mayer Multiple" study (https://www.theinvestorspodcast.com/cryp...), I made this simple script to plot the Mayer multiple by calculating the ratio between bitcoin price and its 200-day moving average. It also plots the moving average of ratio itself.


P.S. Checkout the Swiss army knife we're building for crypto traders on Telegram (http://t.me/coinographbot) and follow our twitter for upcoming features and signals (https://twitter.com/coinographio)
Release Notes: This version calculates the indicator using only the daily resolution
Release Notes: Updated colors
Remove from Favorite Scripts Add to Favorite Scripts
Does this indicator have any use on other than the daily timeframe?
Reply
unbound martin242
@martin242, not really.
Reply
How is the Mayer Multiple calculated? - Bitcoin price/200dma?
+2 Reply
unbound Pladizow
@Pladizow, correct.
Reply
Why did it stop tracking the 200d average?
Reply
unbound RTrovatten
@RTrovatten, you mean when you play the chart above?
Reply
RTrovatten unbound
@unbound, yes, I only see the blue and yellow lines go to Dec 2.
Reply
unbound RTrovatten
@RTrovatten, I think it's how tv works. apparently it only updates the price and not the indicators in the idea view.
Reply
Is this a overbought scenario? Or a breakout?
Reply
unbound simo110j
@simo110j, according to the article, first time buyers should buy only if mayer multiple is below 2.4. so it is more of an overbought.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out